“Some MSMEs are already listed on the BSE. I have talked to investors in Dubai and the US to come and invest in such MSMEs based on their three-year turnover, GST track record, IT record and good rating. Investing in these can result in rich dividends as these do exports also,” he said. … [Read more...] about India needs ₹ 50-60 lakh crore foreign investments to bolster coronavirus-hit economy: Gadkari
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Last but not least, that Viet Nam has been hailed as one of the countries most successful in controlling the COVID-19 outbreak at low cost, as well as its assistance and provision of medical equipment and face masks to other countries in their fight against the pandemic have helped raise investors’ confidence. This is a good opportunity for Viet Nam to attract investment and recover the economy, creating momentum for long-term and sustainable development. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Bengaluru: Indian IT firms will face the full impact of business disruption in the US and Europe due to the Covid 19-induced lockdown in the quarter to June, as analysts expect companies to report 5-10 per cent drop in revenue due to clients cancelling or putting off discretionary spending on technology in the three-month period. Sectors such as travel and transportation, oil & gas and retail have been the most affected due to the lockdown in the three-month period, with several companies declaring bankruptcies due to the loss of their business. “(It) is a washout quarter that captures the full impact of uncertainty in business from Covid-19 led by lockdown, supply side compression and demand pullback. We expect retail, travel and transport, hospitality and oil & Gas verticals to be severely impacted and do not expect recovery in Q2 also,” Aniket Pande, IT sector analyst with brokerage Prabhudas Lilladher wrote in a report. “We expect the revenue trajectory … [Read more...] about Covid-19 impact: Q1 to be a washout for IT sector, say analysts
Fifteen years ago, I pushed a white salon door in a neighbourhood market to enter a space the size of a small kitchen, and reached a hairdresser after trampling over the feet of four others. Her name was Renila Lepcha, and we began to talk hair, by appointment, to each other in a rocky Hindi accent in a south Delhi locality every two months. Familiarity bred a ritual. “Trust me,” she would say, to which I would reply, “always do!” and she would get her scissors out and make the hair on top of my head look like a nuclear cloud to give it volume. So far, we had accepted this ritual for what it was: an unspoken commitment between a hairdresser and a satisfied client that this would continue, unless one of us changed the neighbourhood. … [Read more...] about ‘Fear all around’: Covid-19 leaves wellness sector in bad health
According to him, the country had lost billions as a result of the delay, adding that the opportunity cost of the delay in terms of industry, infrastructure and value addition to the economy was too valued is too high to continue to toy with the passage of the bill. … [Read more...] about Why oil sector’s contribution to Nigeria’s development is minimal – Expert